38, MELFORD ROAD, SUDBURY, CO10 1LT - £450,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

38 MELFORD ROAD is a large extended detached house of 118m², built sometime before 1900. It was last sold for £450,000 in December 2023, which was around 5% below the average December 2023 detached price in the Babergh local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

38 MELFORD ROAD Sold Prices

Land registry data shows two sales for 38 MELFORD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Babergh local authority area for the corresponding sale date. Both of the two 38 MELFORD ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 20 DEC	£450,000	£474,728	5% below HPI
2020 25 MAR	£290,000	£410,633	29% below HPI

38 MELFORD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Babergh local authority area over time, sourced from the HPI. The two 38 MELFORD ROAD sales from March 2020 and December 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2020 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2023 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 38 MELFORD ROAD?

38 MELFORD ROAD is 118m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 40% of detached houses in Sudbury, based on EPC data. The below chart shows the distribution of detached houses by size in Sudbury, and where 38 MELFORD ROAD lies on this distribution: 60% of detached houses are smaller than 38 MELFORD ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Sudbury.

38 MELFORD ROAD: Plot and Title Map

38 MELFORD ROAD sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 38 MELFORD ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 38 MELFORD ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 38 MELFORD ROAD?

38 MELFORD ROAD is located in SUDBURY, in the CO10 postcode district. The below map shows the position of No. 38 on MELFORD ROAD.